WorksheetsInequality Quiz (Student Set)
Total questions: 56
Worksheet time: 31mins
What is Progressive Taxation? (More than one answer)
The more you earn the more tax you pay.
The less you earn the more tax you pay.
The more you earn the less tax you pay.
The less you earn the less tax you pay.
What is tax evasion?
Not paying the taxes owed
Paying your taxes on time
Ilegal Photography
Not making enough money to pay tax
What is the current hourly/weekly minimum wage?
$14.83 hourly / $593.20 weekly
$21.83 hourly / $812.60 weekly
$17.34 hourly / $693.60 weekly
$20.55 hourly / $822 weekly
What is Tax Fraud?
Lying about your income to pay less tax
The Polish Prime Minister
Not making enough money to pay tax
Peter Rabbit
What is the Government doing to strengthen social safety nets?
Charging more tax to higher incomes and giving more to services.
Providing more Centrelink money
Providing $9 billion to services to support people.
Giving more Medicare.
What is the current unemployment rate in Australia?
3.5%
5.5%
6.5%
7.5%
What is the current GDP growth rate of Australia?
2.0%
2.5%
3.0%
3.5%
Which of the following statements accurately describes the impact of income inequality on people's health?
Income inequality has no significant impact on people's health.
Income inequality leads to improved overall health outcomes for everyone in a society.
Income inequality is associated with worse health outcomes, such as higher rates of disease and shorter life expectancy, particularly for those with lower incomes.
Income inequality only affects mental health and has no impact on physical health.
Which of the next statements describes how income equality impacts education?
Income inequality has no significant impact on people's access to education.
Income inequality is associated with lower levels of educational attainment and reduced access to quality education, particularly for those with lower incomes.
Income inequality only affects the quality of education provided to the wealthiest members of society.
Income inequality leads to improved education outcomes for everyone in a society.
What is the main driver of the Australian economy?
Agriculture
Manufacturing
Services
Mining
Which of the following industries is Australia's largest export?
Agriculture
Manufacturing
Services
Mining
What statement describes how the labor market affects income inequality.
Changes in the labor market have no impact on income inequality.
Changes in demand for certain types of labor can lead to increased or decreased income inequality depending on the specific industry or occupation.
Technological changes can lead to increased productivity and reduced income inequality.
Increases in the minimum wage always lead to reduced income inequality.
How many Australians perform jobs that machines can complete?
1 in 25
1 in 5
1 in 2
1 in 1000
Outsourcing of workers doesn’t affect income inequality.
True
False
Places with higher income inequality have lower life expectancy.
True
False
Income inequality can lead to a life expectancy decrease.
True
False
Progressive tax is where everyone pays the same tax regardless of their financial status.
True
False
What is universal basic income?
A payment made to all adult individuals that allows people to meet their basic needs.
A grant given to local businesses to keep the business running.
A payment made to the elderly on a monthly basis which helps them meet their basic needs.
Grants given to local councils and state governments from the federal government.
Who controls minimum wage in Australia?
Australian Competition and Consumer Commission (ACCC)
NSW Fair Trade
Fair Work Commission
The Australian Wage Commission
Who would benefit from social safety nets? (More than one answer)
A university student earning a stable wage.
A family of two adults and two children who have a mortgage.
An elderly woman whose house was destroyed by an earthquake.
A homeless man living on the street.
What are some Health outcomes that are of concern in Australia?
Asthma
Arthritis
Diabetes
All of the above
What percentage of Australia is educated?
50.8%
30%
60.5%
75.5%
Internationally, where does Australia rank in Human Rights?
7th
8th
4th
1st
Which of the following best describes productivity?
The amount of output produced per unit of input
The amount of money spent on inputs to produce output
The total revenue generated by a firm
The amount of profit earned by a firm Progressive taxation
What is the purpose of Universal Basic Income?
To reduce poverty and income inequality
To encourage people to work more
To increase government revenue
To reduce government spending on welfare programs
How often are minimum wage increases typically implemented?
Every year
Every two years
Every five years
It varies by state and country
What are social safety nets?
Programs and policies designed to provide financial assistance to individuals and families in need
Networks of support services provided by local communities
Programs and policies designed to promote economic growth and development
Networks of social connections that provide emotional support and guidance
What is one reason that some people in Australia earn much more money than others?
There are fewer jobs in manufacturing.
Technology is not improving.
There are more jobs in the service sector.
More money is being spent on education.
What happens when there is a lot of income inequality in Australia?
People become more politically divided.
People have better access to healthcare.
The economy grows faster.
Fewer people live in poverty.
What do we call it when the government gives a certain amount of money to everyone, regardless of how much they earn?
Progressive taxation
Universal basic income
Minimum wage increases
Social safety nets
What do we call it when the government makes a law that sets a minimum amount that employers have to pay their workers?
Progressive taxation
Universal basic income
Minimum wage increases
Social safety nets
What is one reason that income inequality is getting worse in Australia because of changes in the global economy?
More money is being spent on local infrastructure.
Technology is advancing quickly.
There are more jobs in the service sector.
There is more trade between countries.
How does health affect income inequality?
Gaining more income inequality can affect a person's mental health
High levels of stress, exhaustion disabilities could affect the person where they cannot physically work as efficiently.
People tend to have higher inequality, tend to have lower health
People tend to care more on health than more income
All of the above
How does Education affect a Person's Income? (Select two)
People that have poor education tend to have lower income
People with an education gain 10% more income year than without an education
Poor education and great education lead to the same incomes
Education investment cause higher income inequality for students K-12
What are some consequences of Political outcomes? (Select two)
People that have an unstable government may have worse income equality
Corruption in governments can lead to more income inequality and laws favoring the wealthy.
Unstable governments and stable governments have the same inequalities
Unstable governments have very little income inequality and doesn't have corruption
What are some consequences of economic growth? (Select two)
High economic growth can lead to inflation
Can improve living standards of people
Countries with higher economic growth tend to have lower education statistics
Economic growth can bring anxiety and pressure on workers
How does changes in the labor market affect income inequality? (Select two)
The amount being paid for wages
The decline amount of jobs and manufacturers
Labor markets wages are all the same
Labor markets gain tons of earning to pay more than average wages
What causes does technological advances and automation have on income inequality? (Select two)
Automation has decline in labor share and increased wage inequalities
Automation has developed to become an sustainable artificial worker instead of labor from humans
2.5 million jobs have been taken by automation
Automation increases the amount of wage earned for the worker
How does change in tax and transfer policies NOT affect income inequality?
Higher income people play more than average tax to balance income equality
Taxation revenue is used from the government to improve public goods/ households
People with low income jobs paid the same amount of taxes as people with high income
Tax amount can be changed depending on inflation
What is trade liberalization? (Select two)
Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations.
It enforces the restrictions between nations
Trade liberalization is the ability to trade and exchange goods
Trade liberalization is the non-removal of barriers to trade different regions
Minimum wage increases...
will give the younger generations more incentive to work
will influence job loss and increase unemployment
will lead to poor education and great education lead to the same incomes
can increase the productivity of some workers
What is progressive taxation?
When a person's income increase, tax increases as a percentage
When your income increases from your income
When your income increases your tax stays the same
When your tax become lower when you have higher income
Universal basic income
People living with the UBI system are more productive
Some nations can benefit from the UBI system
Every nation can afford to have a UBI system
UBI systems are unable to cause inflation
What does strengthening social safety nets do?
Guarantees protection for your economic shocks
Increases further retirement with money
Guarantees that you will be able to withdraw money from it
Increases poverty in densely populated areas
Which of these are not factors contributing to the changes in the labor market?
immigration
age of population
education levels
crime rate
What is a result of technological advances and automation?
increased wages with people without a high school degree
decreased wages for people with a high school degree
Increased wages for people with a high school degree
decreased wages with people without a high school degree
Could globalization have happened without the internet?
Yes
No
Could a teacher claim the price of a personal laptop on their taxes?
Yes
No
How many people can’t afford higher education in Australia?
50%
65%
25%
0%
What is not a reason income inequality has become a major political issue?
Technology has changed the way we work
The rise of large businesses
Globalization
Tax fraud
How is economic growth helping income equality?
Making more rich people
Giving poorer people industrial jobs
More tax
Inflation
Which of the following is not a consequence of income equality in the Health Departments?
Diseases
Physical impairments
Public healthcare
Private healthcare
How is the government solving problems with progressive taxation?
Giving everyone in Australia 50 bucks
Achieving higher vertical equity
“Resetting” the economy by taking everyone's money and sharing it around so that everyone has the exact same amount.
Nothing
How much universal basic income would be in Australia for adults?
$7,500
$10,000
$12,500
$15,000
What is the national minimum wage per hour?
$17.84
$18.32
$19.67
$21.38
How does health affect income inequality?
Gaining more income inequality can affect a person's mental health
High levels of stress, exhaustion disabilities could affect the person where they cannot physically work as efficiently.
People tend to have higher inequality, tend to have lower health
People tend to care more on health than more income
